Saturday, June 27, 2015 9:01:47 PM
NO traditional IPO for NANT-Health, it'll be a "Tracking Stock" IPO. Matt Herpes confirmed it last year, the same month confirmation on KEYO's trading situation from Dr.SS's personal accountant was sought but denied.
How do folks here think the good Doc PSS is planning on taking NantWorks, LLC public?
http://www.forbes.com/sites/matthewherper/2014/09/10/medicines-manhattan-project-can-the-worlds-richest-doctor-fix-health-care/
"All of these pieces–and dozens more that he’s bought or built–combine into a corporate structure as byzantine as his overarching product. His 800 employees are splintered across offices in 14 cities, and NantWorks, the parent holding company, houses nine separate units, all with different investor groups and each apparently designed to trade independently as a tracking stock. The first IPO, as early as next year, will likely be NantHealth, his health care information technology play, poised to profit from new payment schemes created by ObamaCare. Investors include Verizon, Celgene, BlackBerry and the Kuwait Investment Authority. FORBES values NantHealth alone at $1.6 billion. All told, FORBES values the entirety of Soon-Shiong’s Nant-related holdings at $7.7 billion."
A tracking stock issued from a parent company that's first public (in this case NantWorks, LLC), is considered an IPO, but not a normal IPO!
Investopedia confirms that fact here - IPO Basics: Tracking Stocks
"While a tracking stock may be spun off in an IPO, it's not the same as the IPO of a private company going public. This is because tracking stocks usually have no voting rights, and often there is no separate board of directors looking after the rights of the tracking stock. It's like you're a second-class shareholder! This doesn't mean that a tracking stock can't be a good investment. Just keep in mind that a tracking stock isn't a normal IPO."
Yes, NANT-Health WILL IPO, but NOT normal traditional IPO!!! Just last month, Dr. PSS himself confirmed it's "in process" when answering the reporter's last question in this article you can see here. Can't wait for it!! The holders of Nantworks, LLC stock public stock will REALLY be loving it!!
How do folks here think Doc PSS is planning on taking Nantworks, LLC public? Why hasn't this been discussed at all in any official publication other than this one hint of it in a WSJ article/blog from last year.
http://blogs.wsj.com/venturecapital/2014/06/26/doctor-founder-billionaire-talks-about-biotech-investment-stocks/
"And while he stopped short of saying that his new company–Los Angeles-based Nantworks LLC–will definitely file to go public, he said he expects the company to become a powerful standalone player in the high-tech health system that the country is moving toward."
Doc PSS didn't say it will. Doc PSS didn't say it won't. Although, we know for him to issue any tracking stocks for his NANT-Works subsidiaries, the Parent Company NANT-Works must go PUBCO first, then the first tracking stock IPO this year being NANT-Health!
Hmmm, such secrecy - WHY???
Could it be because he has a very good clean shell ACTIVELY trading - KEYO, and owns the NANT EMPIRE which he wants to take from PRIVCO status to PUBCO status via a reverse merger?! Yes, and he cannot reveal a reverse merger until filed with the SEC!
Rock On KEYO / NANT-Works RTM! Then issue tracking stocks for the subs, starting with NANT-Health. The Doc will maintain control over his NANT EMPIRE and make BILLIONS AGAIN! The Doc will make history - AGAIN!
How do folks here think the good Doc PSS is planning on taking NantWorks, LLC public?
http://www.forbes.com/sites/matthewherper/2014/09/10/medicines-manhattan-project-can-the-worlds-richest-doctor-fix-health-care/
"All of these pieces–and dozens more that he’s bought or built–combine into a corporate structure as byzantine as his overarching product. His 800 employees are splintered across offices in 14 cities, and NantWorks, the parent holding company, houses nine separate units, all with different investor groups and each apparently designed to trade independently as a tracking stock. The first IPO, as early as next year, will likely be NantHealth, his health care information technology play, poised to profit from new payment schemes created by ObamaCare. Investors include Verizon, Celgene, BlackBerry and the Kuwait Investment Authority. FORBES values NantHealth alone at $1.6 billion. All told, FORBES values the entirety of Soon-Shiong’s Nant-related holdings at $7.7 billion."
A tracking stock issued from a parent company that's first public (in this case NantWorks, LLC), is considered an IPO, but not a normal IPO!
Investopedia confirms that fact here - IPO Basics: Tracking Stocks
"While a tracking stock may be spun off in an IPO, it's not the same as the IPO of a private company going public. This is because tracking stocks usually have no voting rights, and often there is no separate board of directors looking after the rights of the tracking stock. It's like you're a second-class shareholder! This doesn't mean that a tracking stock can't be a good investment. Just keep in mind that a tracking stock isn't a normal IPO."
Yes, NANT-Health WILL IPO, but NOT normal traditional IPO!!! Just last month, Dr. PSS himself confirmed it's "in process" when answering the reporter's last question in this article you can see here. Can't wait for it!! The holders of Nantworks, LLC stock public stock will REALLY be loving it!!
How do folks here think Doc PSS is planning on taking Nantworks, LLC public? Why hasn't this been discussed at all in any official publication other than this one hint of it in a WSJ article/blog from last year.
http://blogs.wsj.com/venturecapital/2014/06/26/doctor-founder-billionaire-talks-about-biotech-investment-stocks/
"And while he stopped short of saying that his new company–Los Angeles-based Nantworks LLC–will definitely file to go public, he said he expects the company to become a powerful standalone player in the high-tech health system that the country is moving toward."
Doc PSS didn't say it will. Doc PSS didn't say it won't. Although, we know for him to issue any tracking stocks for his NANT-Works subsidiaries, the Parent Company NANT-Works must go PUBCO first, then the first tracking stock IPO this year being NANT-Health!
Hmmm, such secrecy - WHY???
Could it be because he has a very good clean shell ACTIVELY trading - KEYO, and owns the NANT EMPIRE which he wants to take from PRIVCO status to PUBCO status via a reverse merger?! Yes, and he cannot reveal a reverse merger until filed with the SEC!
Rock On KEYO / NANT-Works RTM! Then issue tracking stocks for the subs, starting with NANT-Health. The Doc will maintain control over his NANT EMPIRE and make BILLIONS AGAIN! The Doc will make history - AGAIN!
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